Feb 4, 2013 9:00am EST
higher, transports, mid caps, small caps that haven't seen the rally like technology up only about 2% this year? >> no, i think that we see a rotation. i mean, my favorite area to be right now is stocks that have gdp sensitivity, and that are globally diversified. because i think these stocks have gotten beaten down over the last couple of years. this is tech, this is energy, this is big cap, industrials, these are stocks that have basically been -- that have gotten cheaper over the last couple of years, around fears of a global recession, around fears that the rest of the world isn't as strong as the u.s. today, i think that it's time to really reverse that trade and go back into some of the more globally geared gdp sensitive stocks that are cheap, they're underowned, and it looks like the global economy could actually outpace the u.s. this year, and for the next couple of years. >> savita we talked to a bunch of strategists this year who are, i would say, aggressive to -- i mean, mixed in terms of their defensive nature regarding sector allocation, that they might step on the accel
Feb 1, 2013 9:00am EST
. health care had a very good january. technology is going to be one 6 the leadership sectors. it's probably going to take over the leadership from financials. if you look at leadership in '13, focus on consumer discretionary, technology and health care, the three drivers. six months from now i think you'll see a majority of the flow is not yet in the sectors, they'll start to come in. the other thing to think about, too, if you look at the fun flow data, january was the first time we saw significantly more money of bond funds. since 2007. first time we've >> joe, private sector for the quarter, 675. the second strongest quarter of the recovery for private. >> right. >> does this make the gdp number, does that put a nail in that number? >> yes, absolutely. we thought it did before hand, because i mentioned the private demand was so strong. i'm chuckling because as you're saying this, i'm looking at the fed and thinking to myself, this is like new year's eve, we're going to party like it's 1999, and we've just drank a lot of booze and now we're doing tequila shots. they just got th
Feb 8, 2013 9:00am EST
're seeing very, very nice gains by large cap technology stocks. microsoft is up 1.4%, apple is up. and google hitting a new 52-week high in today's sthegs. >> we're watching winter storm nemo about to hit the east coast. more than two feet of snow expected in boston. many cities are telling residents, of course, don't travel, if you don't have to. airlines warn the blizzard could krip tl hundreds of flights, actually already 4,000 flights have been canceled. >>> our road map goes like this. as nemo shuts down much of the northeast, jetblue's chief operating officer will join us live. >> and those golden arches don't seem quite so golden anybody. missed estimates for every region with the biggest decline out of asia. can the hamburger giant turn it around. >>> aol's got profits. the company matching estimates for the fourth quarter while seeing a rise in revenue. the first in eight years. we'll sit down with tim armstrong on the back of earnings for a first on cnbc interview. >>> a 16-year-old actress trying her happened at trading stocks. she says her return, well, quite good. we'
Feb 5, 2013 9:00am EST
is not large in this deal. but that's unique. yes, $10 billion technology deal. $12 billion. beyond that, it becomes more difficult until it's a different situation. >> there are so many tech companies selling at 8, 9, 10. i'm not talking about microsoft and intel. >> the smaller ones. >> the smaller ones that, they've given up for dead. >> if i were a bond holder of any of these companies, i would be scared to death. if i were to believe lbos is coming back, i wouldn't wanted to be in there as a bond holder. >> what do they make of these bonds anyway? >> there's a lot of money that has to be in bonds, and they're trying to pick up 30 basis points, 50 basis points. it's stupid as all getout to stay in a tech bond after this, i've got to tell you. >> a buyout at $24 billion, 12-month trailing. is that a bargain? did these guys get a bar gain? 5.1. >> it depends. the key here will be how fast will the decline continue to be in the overall pc business, and how can they weather that. what does that number look like that next year and the year after? >> the server business is crowded. we know
Feb 6, 2013 9:00am EST
excitingly is make sure we change our technology platforms and asset structure to bring on new technologies, particularly manufacture, to some degree, r&d and cost of manufacturer and carbon footprint and reduce recycle time. it's a little bit about classic restrur restructu restructuring and allowing us to take the company forward another step. >> are the austerity measures you're facing in europe in the pricing of pharmaceuticals and the like, has that run its course or continue to see pressure in your business? >> i think we will continue to see negative price evolution in europe going forward, we saw 6 to 7% negative territory last year hopefully a little less dramatic this year and still see pressure, maybe single digits for 2013 and anticipating and factored into our guidance we gave today within which we think we can deliver 4% ets growth in 2013. >> when one looks at your enormous company, it's still a fairly diverse fights one than others. i know you mentioned divestiture of your sports drink business. why still so diversified when others seem to be following a different strategy.
Feb 7, 2013 9:00am EST
at this. in terms of their responding to the issue, the problem that apple has, like many technology companies is the ma majority of the its cash, 85 billion is offshore around the majority of the cash that it general race is the offshore. for apple to return more cash it will effectively have to pay a tax on that cash. one way around that is to take on debt them don't want to take on debt and don't want to pay the incremental tax, those are the gaining factors providing more cash back to shareholders. >> this perpetual preferred idea would not necessarily affect that cash but pay out of cash flow. toni, let me ask you another question, are you surprised that apple is proposing to eliminate preferred stock from its charter? does that seem almost vituperative on his part against einhorn for suggesting the idea of this perpetual preferred? >> it's hard to say where that notion came from and where apple wants to eliminate it. in many cases, share holders can want preferred stock provisions eliminated because they can be often used to thwart takeover is the. wfrmt music to the ears of a